Articles that explore key macro-economic
questions that have a bearing on the international economy. These
include the economic management policies of the United States and
Japan and the Third World debt problem.
THE US, JAPAN & THE PACIFIC RIM:
Competition, co-operation and conflict
Richard Drobnick
1988 15pp RM4.00/US$2.00 ISBN 967-947-082-2
This paper written in 1988 discusses three key international
economic questions he sees the Bush Administration having to
reckon with in the coming years: America's need for foreign
capital; reversal of the US trade deficit; and Japan's
emergence as the principal source of international capital.
However, instead of ending with a sombre list of conclusions
to tackle these problems, the writer makes two sets of
proposals, one for American leaders to improve America's
ability to manage an inevitable process of adjustment and
the other for Asian leaders to prepare for the far-reaching
implications of the major changes in the international
economy.
DEBT STRATEGIES FOR DEVELOPING COUNTRIES:
Future options
Peter Nunnenkamp
1988 31pp RM5.00/US$2.50 ISBN 967-947-078-4
Dr Peter Nunnenkamp of the Kiel Institute of World Economics
gives a candid assessment of the Third World debt problem in
this paper, first delivered at an ISIS International Affairs
Forum in July 1988. He argues that traditional debt relief
is not feasible because the problem has become more
structural in nature. Dr Nunnenkamp calls for serious
attempts to consider alternative concepts as to how
international financial relations can be structured more
efficiently.
SINGAPORE'S GROWTH PROSPECTS TO THE
MID-1990S
Hank Lim
1990 19pp RM4.00/US$2.00 ISBN 967-947-100-4
In 1990 Singapore's economy was enjoying a growth rate of
between 8.5 and 9 per cent surpassing government
expectations in early 1989 of a 6-7 per cent growth. The
writer, a senior lecturer in the Economics and Statistics
Department of the National University of Singapore, gives
some indications of what Singapore will be like,
economically, in the 1990s and beyond. Among other things he
examines Singapore's changing economic structure, and the
economic policy parameters employed by the government for it
to achieve its longterm goal of achieving industrial economy
status by the year 2000. Present and expected sources of
economic growth are discussed and also its composition.
External demand for Singapore's exports are examined against
the background of Asean's political and economic
environments and the rapidly-growing economies of the
Asia-Pacific region.
